share price ex div (1st week feb) inc chart, page-20

Shane,

I am happy to be held to account and admit it when I am wrong. Are you?

At present the NTA is $10.30 per share, if the exchange rates get to
USD 0.95, GBP 0.65, NZD 1.35 then the NTA will be $10.10 per share.
USD 1.10, GBP 0.70, NZD 1.40 then the NTA will be $9.52 per share.
(based on the property spreadsheet on the WDC site)

Your suggestion of me buying at 60% above my worst case scenario forecast $10.25 would bring the price to $10.25*1.6 = $16.40. You might want to check your figures before bagging my comments. The worst case scenario of $10.25 represents an 18% drop in the stock price. It reached $11.50, an 8% drop so yes I was off by 10%.

I bought in at $11.50 which is 12% above my worst case scenario and sold again at $12.25. A 40% drop would take the price down to $10.25*0.6 = $7.50. Where have I ever stated this as a low for WDC?

I buy and sell WDC all the time. If you have ready my previous posts then you will see that I had bought some at $11.58 and my sentiment was to buy between $11.00 and $11.50.

I love constructive criticism, you don’t have to make it personal with comments like “No expert, how apt”, “We have either a genius in the room or one very very lucky stock picker”, “sent my BS detector deep into the red zone”.

I would like to hear your forecast for the stock price? Are you a trader or a long term investor?

Andrew.